KORE Wireless Group went public via a SPAC merger with Cerberus Telecom Acquisition in a $1.01bn deal.

KORE Wireless Group, a wireless services provider, went public via a SPAC merger with Cerberus Telecom Acquisition, a blank cheque company, in a $1.01bn deal. "I am thrilled to celebrate this milestone on the KORE journey and reflect on how far we have come since we launched our transformation almost three years ago. From the beginning of my tenure here, I have personally believed that becoming a public company was an important next step in the evolution of this great company and team – a step that will allow us to continue our goal of leading the industry as we enter the 'decade of IoT.' The natural attributes of our business, including the growth potential given the massive market tailwinds over the next decade, our revenue visibility, and recurring revenue, make for excellent public-company characteristics," Romil Bahl, KORE President and CEO.